Which of the following must be present for a check to be legitimate?

Question

I. The recipient’s bank
II. The date
III. A memo or note
a.
I and II
b.
II only
c.
III only
d.
I, II, and III

Answer 1

For a check to be legitimate, the following elements must be present:

I. The recipient’s bank - This is important as it indicates where the funds are to be drawn from. II. The date - This is essential for the check to be valid and indicates when it was written. III. A memo or note - This is not required for the check to be considered legitimate; it serves as an optional note for the payer to indicate the purpose of the payment.

Based on this, the correct answer is:

a. I and II